Consider the relationship between the number of bids an item on eBay received and the item's selling price. The following is a sample of 5 items sold through an auction. Price in Dollars 20 26 32 35 38 Number of Bids 12 13 14 15 16 Determine if r is statistically significant at the 0.01 level. Yes or No?
Consider the relationship between the number of bids an item on eBay received and the item's selling price. The following is a sample of 5 items sold through an auction. Price in Dollars 20 26 32 35 38 Number of Bids 12 13 14 15 16 Determine if r is statistically significant at the 0.01 level. Yes or No?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Consider the relationship between the number of bids an item on eBay received and the item's selling price. The following is a sample of 5 items sold through an auction.
Price in Dollars | 20 | 26 | 32 | 35 | 38 |
---|---|---|---|---|---|
Number of Bids | 12 | 13 | 14 | 15 | 16 |
Determine if r is statistically significant at the 0.01 level.
Yes or No?
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